R 3 500 000 | land property for sale in lincoln meade

Property Description

Nestled in the heart of Lincoln Meade overlooking the Bishopstowe Acacia Veld in Pietermaritzburg, this exceptional cleared 1.1 hectare development site presents a lucrative opportunity of JV investors and developers. With approved zoning, site development plan and proposed unit renderings for 22 sectional title units, this property offers a canvas for creating a much needed residential enclave in a sought after location. The zoning would allow for the development of 22 sectional title units as per the proposed site plan, priced from R900 000 to R1 500 000 presenting various possibilities for configurations of design. Whether envisioning luxurious townhouses, modern apartments or gated community living, this property offers flexibility to cater to diverse market preferences and demands Strategic location Zoning approval Scenic surroundings Market demand Zoning: Residential Ownership Type: Sectional Title Mandate Type: Open


Property Details

Purchase Price R 3 500 000

Type of PropertyLand

Land Size5855 m2

Last Updated14 Sep 2024

Property Location

Similar Property in nearby suburbs

Agent

Derrick Sandalls

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